TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- America’s friends will never trust the US again.
- Economists see Fed rate cut next week, at least one more in 2025.
- Can Fed independence survive Donald Trump?
MarketWatch:
- US stock futures flat ahead of this week’s big Fed meeting.
- As Fed nears highly anticipated rate cut, the market ‘really hinges’ on 10-year Treasury yield.
- Moderna, Pfizer stocks fall as Trump officials reportedly link COVID shots to child deaths.
yahoo! finance:
- Nasdaq notches 5th straight record as Wall Street gears up for Fed.
- Trump makes new push for court approval to fire Fed’s Lisa Cook.
- Report: Amazon tests GM electric vans in bid to meet climate goals.
- BlackRock to invest $678 million in UK data centers during Trump visit, Sky News reports.
A few global indexes broke top resistance the past week. Trump keeps treating the nation’s allies with such contempt that the consequences will be lasting and ugly.
Global Indexes
S&P 500
The S&P 500 gained 1.6% the past week to close with an uncertain doji.
DAX
The DAX is consolidating sideways with lots of turning candles after its negative trend correction.
HANG SENG
The HANG SENG is in a positive short-term trend ending the week with a gap (Exhaustion or Continuation?).
NYSE & NASDAQ Stocks
Micron Technology Inc
MU was one of the strong gainers the past week gaining past analysts average target of $127.
Alphabet Inc
GOOG is showing signs of turning with 3 turning candles next to each other after gaining more than analysts’ average prediction.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets higher to close at a new high.
Anglo American PLC
AGL was one of the strong gainers the past week, consolidating at current level with a possible J-curve.
Algomodel Strategies, Education & Features
Click on Education or go to the home page to view education posts.
Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.
All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.
